Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development

Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf). The acquisition is Phase One of Grand Plaza: A $74 million mixed-use, mixed-income revitalization development aimed at building a stronger, well-balanced and vibrant community. 

Grand Plaza Phase One will consist of multiple new buildings; comprised of 50 affordable housing units, 20 deluxe apartments, 11,000 SF of ground floor retail, and underground residential and public parking. The Grand Plaza development, as planned by Metronomic President Ricky Trinidad, will “extend the vibrancy of a beautiful and historic corridor that connects Miami’s City Hall at the waterfront only blocks away, through the business and entertainment district of Coconut Grove with the City of Coral Gables, also only blocks away.  Grand Plaza is the centerpiece of this important connection.”

Located at 3364-3384 Grand Avenue, the first of the Phase One mixed-use buildings will be built on an 18,789 SF site offering 20, one- and three-bedroom luxury apartments spanning 995-2,486 SF, 49 parking spaces and two retail spaces spanning 2,533-2,744 SF. The five-story rental building will include a car-lift parking garage for residential and public parking, community outdoor plaza, pool and pool deck. The second assemblage of properties within the Phase One development will include a five-story affordable housing development offering quality living for area residents within close proximity to the workplace. Set to rise on a vacant 20,044 SF site located at 3341-3461 Grand Avenue, the 10,117-SF development will consist of 50 one-, two and three-bedroom rental units spanning 570-1,228 SF with 65 private parking spaces and three retail spaces from 1,302-1,412 SF.

“Grand Plaza will be a community-oriented, technology-driven, sustainable and innovative development that will create a significant social and economic impact on the community of Coconut Grove,” said Ricky Trinidad, President of Metronomic. “And as a mission-oriented company, we are committed to creating a well-balanced and thriving corridor along Grand Ave for all its residence to enjoy.”

Upon completion of all phases, the Grand Plaza project will add 12 new buildings in the West Grove that include luxury and affordable housing apartment rentals, street retail, office space, farmers market, entertainment venue, community park plazas, and much more. Designed by architecture firm Burgos Lanza & Associates, the project will offer 38 furnished micro units, 82 luxury apartment rental units, 50 affordable housing apartments, 44 hotel lodging units, and 76 commercial units (office and retail). Additionally, Metronomic has announced plans to facilitate rooftop passenger drone landing/take-off sites pending federal and local government approvals of the technology.

Metronomic will be hosting a groundbreaking event in June 2019 to celebrate the launch of the project.

Metronomic, Inc. Announces First All-Female Construction Team To Build La Elaina In Little Havana

Miami-based real estate development company Metronomic, Inc. has announced an all-female construction team to build the first of its new infill multi-family development designs, La Elaina Apartments in Little Havana. The townhouse-style duplex building will make history by being the first building in Miami built entirely by women. Located at 857 & 859 SW 14 Avenue, the company plans to break ground on March 7, 2019, just in time to celebrate “Women in Construction Week”.

Promoting positive change in the community, Metronomic is leading the women in construction movement working with numerous sub-contractors to recruit the team of nearly 20+ female employees who are joining together to help break gender barriers in construction. The groundbreaking of La Elaina will also kick off National Women’s History Month. The company has also received support from Director and former President of National Association of Women in Construction’s Miami Chapter, Lucia Soria. She says, “the core purpose of our organization is to continue inspiring women and enhance their success in the construction industry. When women unite, they can accomplish anything, and I am proud to witness a company like Metronomic demonstrating this and making history in Miami.”

Leading the team will be Camila Osorio as Senior Project Manager. Camila has over 14 years of expertise in all aspects of the real estate development process and is currently the project manager for all Metronomic projects in Little Havana. Arlene Melendez will serve as Construction Coordinator with 18 years of construction and development experience in South Florida. The project will be constructed and managed entirely by women, which includes machine operators, excavators, masons, plumbers, electricians, carpenters, painters, and more.

“La Elaina is going to break barriers for women in construction, and we couldn't be happier to spearhead this movement,” says Ricky Trinidad, President of Metronomic, Inc. “We believe an all-female team will create positive change in the community – and hopefully encourage permanent change in a male-dominated industry”.

Designed by local architecture firm CLAD Architecture and Design, the two-unit building will span 5,800 SF and feature six bedrooms and six bathrooms rooms per residence. Each 2,850 SF unit will include an exterior terrace, kitchen, living room, private yard, 2-car covered parking and attractive interior and exterior finishes.

La Elaina is designed to offer larger or multi-generational families’ maximum comfort and convenience by providing separate living environments within the home. It is also suitable for families with special-needs children or relatives that require the special care of a live-in nurse, nanny or caregiver to live in the home, providing separate rooms for treatment and care. The first floor can provide accessibility options for such needs, while the second floor is accessible from the first floor through a private interior stairwell for optional privacy, offering 3 bedrooms with 2.5 bathrooms on each floor totaling 6 bedrooms with 6 bathrooms per unit. This creative layout conveniently provides 2 private and separate living areas in each unit.

The first La Elaina development will be located across the street from the Villas Beny More I apartments, another recently completed town home community by Metronomic Inc. Metronomic Inc. plans to develop additional La Elaina duplex buildings offering the “extended-family lifestyle” model throughout the community of Little Havana and similar communities in Miami where the need for extended family living is strong.

La Elaina is slated to break ground early March and completed by 2020. Full pre-leasing of the project will take place prior to completion of construction.

For more information about La Elaina, private showings or purchasing/ leasing information please fill out the form below:

Metronomic Breaks Ground On TriniSuites Calle Ocho, Their New Off-Campus Student Housing Project In Little Havana

The Miami-based real estate development company Metronomic, Inc. has broken ground on TriniSuites Calle Ocho, an eight-story off-campus student housing building located at 2500 SW 8th Street in Little Havana. TriniSuites Calle Ocho will offer 30 turn key, fully furnished one- and two-bedroom student housing units ranging from 445 SF to 510 SF. The 20,788 SF building is designed by local architecture firm CLAD Architecture and Design. TriniSuites Calle Ocho part of a new seven building student housing community which will accommodate college students of Miami-Dade College, Florida International University (FIU), the University of Miami (UM) and numerous other colleges and universities, providing students with ease of access leasing, and a state-of-the-art student experience while filling the much-needed void for off-campus student housing throughout Miami. The decision to rent by the bed, co-living, or long term leases have yet to be determined.

Residents of seven TriniSuites buildings will have access to amenities including fitness centers, pools, rooftop garden/terraces, party/special-event rooms, student café’s, game rooms, a business center and more. The TriniSuites community will also offer a secure keyless entry system, 24-hour security, nearby public transportation, turn-key furnished units, and many other features and amenities designed to enhance student life. Metronomic, Inc. is also planning a student exchange and cultural immersion program for foreign students that will be incorporated into the TriniSuites community, to be announced at a future date.

“Metronomic understands there is a dire need for convenient student housing throughout Miami. The TriniSuites community is designed to help students easily secure quality housing while improving their quality of life and education,” said Ricky Trinidad, President of Metronomic. “The TriniSuites community and Metronomic are committed to enhancing education and student life in Miami, while benefiting the community of Little Havana and the City of Miami with quality new infill developments that create and produce impactful aesthetic, environmental, social and economic improvements.”

TriniSuites Calle Ocho is Metronomic’s third student housing building to break ground and will be centrally located, only one block from Miami Dade InterAmerican Campus in the heart of the historic Little Havana neighborhood. TriniSuites MetroPlace, TriniSuites MetroPark and TriniSuites Plaza Celia are currently under construction and expected to be completed by Spring and Summer 2019, while completion of TriniSuites Calle Ocho is slated for January 2020. All of the TriniSuites buildings are planned for completion by the first quarter of 2020.

Developer Celebrates Plans to Revitalize Coconut Grove with Groundbreaking at Metronomic Place

Miami-based development company Metronomic Inc., led by Ricky Trinidad, broke ground last Thursday for the new, mixed-use office, retail and hotel project on Grand Avenue in Coconut Grove. The groundbreaking ceremony for Metronomic Place was attended by commissioner Xavier Suarez and is set to spearhead the long-awaited revival of this corridor.

The five-story building will have about 5,000 square-feet of Class A office space, 3,200 square-feet of ground floor retail space, and a 44-key boutique hotel. The lobby and hotel interior was developed by local firm One Design Build. Designer Hugo Mijares combined metal, concrete, wood and other raw elements to create a modern industrial design with Old American style. It will also feature an activated “green” rooftop with a pool and garden area that echo the natural aura Coconut Grove in known for. Metronomic Place has an estimated completion date of Winter 2019.

Ricky Trinidad, President of Metronomic, Inc., is a developer and resident himself in West Coconut Grove, and has deep roots to the community. He hopes the project will enhance the vitality of Coconut Grove’s commercial and entertainment core.

He also just closed on a 7,200 square-foot site at 3110 Commodore Plaza called Commodore Place. The boutique hotel will offer loft-style, short-term suites with attractive amenities, a rooftop pool and garden deck area, and a two-story duplexed retail venue on the first floor.

Miguel Pinto of Apex Capital Realty brokered the deal and represented Metronomic Inc. Like Ricky, Miguel is focused on working on projects and deals that enhance communities and positively impact the commercial real estate industry.

As part of Metronomic’s larger plan to revitalize Grand Avenue, they also have over ten new construction projects in the works in Coconut Grove. This includes a large-scale comprehensive development of multiple properties of mixed-income, affordable housing, retail, office, park plazas, and sustainable living concepts.

Article by: Katya Demina